Crustal refers to the Earth's crust – the place where metals are found, where value is created and where the resources of the future must be secured.

Crustal refers to the Earth's crust – the place where metals are found, where value is created and where the resources of the future must be secured.

Crustal Resources AB is a Swedish listed company focusing on exploration and project development within precious and strategic metals.

Ticker
CRUST B
NGM Growth Market

The focus is on projects where geological potential and market conditions together create good opportunities to build value. By acquiring, developing, and realising projects in our portfolio, we work towards our vision of contributing metals for a better and safer future.

The focus is on projects where geological potential and market conditions together create good opportunities to build value. By acquiring, developing, and realising projects in our portfolio, we work towards our vision of contributing metals for a better and safer future.

Business model

Acquire

Identify and establish ownership in projects with clear geological potential and strategic value. This is achieved through our own exploration, partnerships, or investments in projects or companies where our capital and resources can contribute to value creation.

Develop

Develop projects through prospecting, technical studies, permitting processes, and value-enhancing work. By demonstrating higher values and reduced risks in the projects, growth in the value of invested capital can be achieved.

Realise

The projects are continuously evaluated based on what yields the best risk-adjusted return: own development towards production, partnership or joint venture, sale, or a separate listing with distribution of ownership.

Our metals in focus

Crustal Resources focuses on both precious and strategic metals. Gold plays an important role as a store of value in times of economic and geopolitical uncertainty, while strategic metals are crucial for the green energy transition, new technologies, and a growing defence industry. Together, this drives an increasing need for new deposits.

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79AuGold47AgSilver29CuCopper-REERare earth elements74WTungsten83BiBismuth79AuGold47AgSilver29CuCopper-REERare earth elements74WTungsten83BiBismuth

Crustal Resources as an investment

A variety of factors make Crustal Resources an exciting investment case. Most notably, the share offers exposure to a highly topical investment theme and the right set of metals that are generating increasing interest.

Exposure to a current investment theme and the right metals that are gaining interest

Experienced team

Experienced board, CEO and geological team

Low relative valuation

Low market capitalisation compared to other listed companies in the sector

CEO in the same boat

With the CEO as the largest shareholder, together with incentive programmes for the board of directors, the right incentive structure is in place to create shareholder value.

Early phase

Positioned towards earlier phases of the development cycle than many peers

Flagship project

Exploitation concession in Gladhammar with a well-explored near-surface gold deposit with continued regional upside in Västervik

Historical leverage

Significant prior investments in exploration work can be further utilised

Project portfolio with potential

Potential has been identified for discoveries of gold and strategic metals in other exploration licenses

Long-term vision

Focus on building a leading company in precious and strategic metals

Our project portfolio

1

Exploitation concession

16

Exploration licenses

>10 km

Historical drilling

9 693 ha

Exploration license area

Follow our journey

© Copyright 2026 Crustal Resources AB

Crustal Resources AB is a Swedish listed company with a focus on exploration and project development within precious and strategic metals. The company's business is to acquire, develop, and realise value in raw material-based assets, primarily within the mining and mineral sector. The focus is on projects where geological potential and market conditions together create strong opportunities to build value. The company's B-share is traded on the NGM Growth Market under the ticker CRUST B and ISIN SE0020355188.

NGM Growth Market is a growth market for small and medium-sized enterprises for the listing and trading of shares and share-related securities operated by Nordic Growth Market NGM AB. NGM Growth Market is a growth market for small and medium-sized enterprises in accordance with MiFID II (Markets in Financial Instruments Directive II). An investor should keep in mind that shares and share-related securities listed on NGM Growth Market are not listed on a regulated market and that the company is therefore not subject to the same regulatory framework for the protection of shareholders as listed companies.

Follow our journey

© Copyright 2026 Crustal Resources AB

Crustal Resources AB is a Swedish listed company with a focus on exploration and project development within precious and strategic metals. The company's business is to acquire, develop, and realise value in raw material-based assets, primarily within the mining and mineral sector. The focus is on projects where geological potential and market conditions together create strong opportunities to build value. The company's B-share is traded on the NGM Growth Market under the ticker CRUST B and ISIN SE0020355188.

NGM Growth Market is a growth market for small and medium-sized enterprises for the listing and trading of shares and share-related securities operated by Nordic Growth Market NGM AB. NGM Growth Market is a growth market for small and medium-sized enterprises in accordance with MiFID II (Markets in Financial Instruments Directive II). An investor should keep in mind that shares and share-related securities listed on NGM Growth Market are not listed on a regulated market and that the company is therefore not subject to the same regulatory framework for the protection of shareholders as listed companies.

Follow our journey

© Copyright 2026 Crustal Resources AB

Crustal Resources AB is a Swedish listed company with a focus on exploration and project development within precious and strategic metals. The company's business is to acquire, develop, and realise value in raw material-based assets, primarily within the mining and mineral sector. The focus is on projects where geological potential and market conditions together create strong opportunities to build value. The company's B-share is traded on the NGM Growth Market under the ticker CRUST B and ISIN SE0020355188.

NGM Growth Market is a growth market for small and medium-sized enterprises for the listing and trading of shares and share-related securities operated by Nordic Growth Market NGM AB. NGM Growth Market is a growth market for small and medium-sized enterprises in accordance with MiFID II (Markets in Financial Instruments Directive II). An investor should keep in mind that shares and share-related securities listed on NGM Growth Market are not listed on a regulated market and that the company is therefore not subject to the same regulatory framework for the protection of shareholders as listed companies.